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Abay Insurance S.C. was established in July 2010 in accordance with the licensing and supervision of insurance business proclamation No. 86/1994.The prevailing paid up capital of the company is Birr 300 million. Currently, the company is providing General and Long Term (Life Assurance) service under 29 branch offices that operate in different regions of the country. The company has registered a remarkable growth since establishment and has managed to build a sustainable and fruitful business relationship with various types of clients having a multitude of activities. The company has a strong financial base and has created a meaningful network with global partners including prominent re insurers that would easily manage risk of any quantum.

The company has developed a well-articulated business principle that shapes the overall activity in a collaborative manner. Abay Insurance S.C. promotes societal marketing and is striving to share its part by introducing insurance products demanded by low income people and the society at large. The company is still envisaging and investing a lot in product development taking into consideration the unsatisfied needs of its customers and the society at large. The company is also well known in its community services and has participated in various occasions that contributed for the overall wellness. Throughout all these years of service, the company has gained a considerable loyalty and trust from its customers which it has cherished to strive more at all times.

 1.1. Vision

To be the most preferred and iconic insurance company in Africa.

1.2. Mission

To provide diversified Insurance services tailored to meet the ever changing risk exposure facing the public by using ethical professionals and technology enablers in an innovative and cost effective ways.

3. Branches /Contact outlets

Abay Insurance S.C. is represented in various regions of Ethiopia with its 29 Branches offering General and Long Term (Life Assurance) products. All the Branches are oriented to handle issues related with customers irrespective of the unit that is directly related. The branches with their corresponding address are as outlined in the following table.

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